Category Archives for Industry News

UP says all container traffic halted on its network between LA and Midwest An outage involving a bridge in New Mexico in the heart of Union Pacific’s network is causing major delays for intermodal and automotive shippers between Southern California and two major inland hubs. UP says all container traffic halted on its network between […]

UP says will focus on service, not falling rates, in 2023 The Class I railroad vowed it would focus on providing better service to shippers in 2023 and move to heal wounds from tense labor negotiations by addressing quality-of-life issues affecting its workforce. UP says will focus on service, not falling rates, in 2023 Journal […]

Customer service, not falling rates, the focus for 2023: UP The Class I railroad vowed it would focus on providing better service to shippers in 2023 and move to heal wounds from tense labor negotiations by addressing quality-of-life issues affecting its workforce. Customer service, not falling rates, the focus for 2023: UP Journal of Commerce

India-US freight rate decline shows no signs of slowing in new year Rates on trades out of India continue to soften in January, most notably to the US, and at least one carrier is seeking general rate increases in a bid to prop up prices. India-US freight rate decline shows no signs of slowing in […]

US truck freight recession is here, but not to stay: SMC3  Truckload and LTL freight volumes have dropped, but a turn will come sometime in mid-2023, industry executives said at the SMC3 Jumpstart conference in Atlanta. US truck freight recession is here, but not to stay: SMC3  Journal of Commerce

US inventory drawdown key to trans-Pacific volume recovery: analyst While there are encouraging signs regarding general merchandise retailers seeing their inventories-to-sales return towards pre-COVID levels, data suggests many sectors have a long way to go before their inventories-to-sales come back to pre-pandemic levels. US inventory drawdown key to trans-Pacific volume recovery: analyst Journal of Commerce

Vietnam sees surge in deep-sea vessel capacity amid trade sourcing shift With an increased focus by importers on geopolitics and “friend-shoring,” carriers are shifting an increasing volume of deep-sea vessel capacity away to Vietnam — and away from China. Vietnam sees surge in deep-sea vessel capacity amid trade sourcing shift Journal of Commerce

Carbon pricing needs reform to address ‘skewed’ trade policy: WTO Dirtier products are the unintentional winners in global trade where cleaner finished goods pay higher tariffs, resulting in an effective “subsidy” of polluting commodities, according to the World Trade Organization. Carbon pricing needs reform to address ‘skewed’ trade policy: WTO Journal of Commerce

Big Flexport layoffs offer potential clue to its future identity Scrutiny over Flexport’s job cuts earlier this month points to a long-term issue for the venture-backed logistics company: a perceived lack of identity in a market that has long been skeptical of its differentiation. Big Flexport layoffs offer potential clue to its future identity Journal […]

Waning demand, service issues to weigh on international intermodal volumes If inland rail ramps remain congested due to chassis shortages and discretionary imports continue to flow away from the West Coast to the East Coast, international intermodal volumes could decline for a second straight year. Waning demand, service issues to weigh on international intermodal volumes […]